World Fuel Services Corporation Names Stephen J. Gold to the Board of Directors
October 04 2017 - 4:15PM
Business Wire
World Fuel Services Corporation (NYSE: INT) today announced the
appointment of Stephen J. Gold to the Board of Directors of the
company.
Mr. Gold currently serves as Executive Vice President Technology
and Operations Innovation, Chief Information Officer for CVS Health
Corporation (“CVS”). In this role since July 2012, Mr. Gold is CVS’
senior technology executive and has responsibility for all
information systems and technology, digital business operations,
and client service operations. Mr. Gold has more than 30 years of
information systems management experience. Prior to CVS, Mr. Gold
served as Senior Vice President and Chief Information Officer for
Avaya, Inc. from April 2010 to July 2012, where he was responsible
for guiding all aspects of the company's technology strategy, as
well as leading IT business operations and systems globally. Prior
to joining Avaya, Mr. Gold was the Executive Vice President, Chief
Information Officer and Corporate Chief Technology Officer for GSI
Commerce, Inc. from January 2005 to April 2010.
“We are extremely pleased to welcome Steve to our board,” said
Michael J. Kasbar, chairman and chief executive officer. “We
believe his vast experience in technology will prove invaluable on
our journey to grow our technology offerings, digitize our
business, and drive internal efficiencies, creating value for our
customers in the global energy, logistics and payments
marketplaces.”
Mr. Gold will serve as a member of the Technology and Operations
and Governance committees.
Information Relating to Forward-Looking
Statements
This release includes forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995,
including statements regarding our expectations about our ability
to grow our technology offerings, digitize our business, and drive
internal efficiencies as well as our expectations about creating
value for our customers. These forward-looking statements are
qualified in their entirety by cautionary statements and risk
factor disclosures contained in the company’s Securities and
Exchange Commission (“SEC”) filings, including the company’s Annual
Report on Form 10-K filed with the SEC on February 21, 2017. Actual
results may differ materially from any forward-looking statements
due to risks and uncertainties, including, but not limited to: our
ability to effectively leverage technology and operating systems
and realize anticipated benefits of digitizing our business, our
ability to integrate and derive benefits from acquired businesses,
our ability to capitalize on new market opportunities, the impact
of quarterly fluctuations in results, the creditworthiness of our
customers and counterparties and our ability to collect accounts
receivable, fluctuations in world oil prices or foreign currency,
changes in political, economic, regulatory, or environmental
conditions, adverse conditions in the markets or industries in
which we or our customers and suppliers operate, potential
liabilities and the extent of any insurance coverage, the outcome
of pending litigation and other proceedings, our failure to
effectively hedge certain financial risks associated with the use
of derivatives, non-performance by counterparties or customers on
derivatives contracts, loss of, or reduced sales, to a significant
government customer, uninsured losses, the impact of natural
disasters, adverse results in legal disputes, unanticipated tax
liabilities, our ability to retain and attract senior management
and other key employees and other risks detailed from time to time
in the company’s SEC filings. New risks emerge from time to time
and it is not possible for management to predict all such risk
factors or to assess the impact of such risks on our business.
Accordingly, we undertake no obligation to publicly update or
revise any forward-looking statements, whether as a result of new
information, changes in expectations, future events, or
otherwise.
About World Fuel Services
Corporation
Headquartered in Miami, Florida, World Fuel Services is a global
energy management company involved in providing energy procurement
advisory services, supply fulfillment and transaction and payment
management solutions to commercial and industrial customers,
principally in the aviation, marine and land transportation
industries. World Fuel Services sells fuel and delivers services to
its clients at more than 8,000 locations in more than 200 countries
and territories worldwide.
For more information, call 305-428-8000 or visit
www.wfscorp.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20171004006346/en/
World Fuel Services CorporationIra M. Birns,
305-428-8000Executive Vice President & Chief Financial
Officer
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